You have been asked by your CFO to analyze three (3) positive NPV projects. She wants to know which ones to pursue and which ones to forego. In general terms, how would you advise her? Where does IRR come into play? She doesnt want to make a costly mistake so she tells you to crunch the numbers using conservative cash-flow and discount rate estimates. What are your thoughts about this? She is particularly intrigued with one project with a positive initial cash flow and a very high IRR. How should you proceed?